Los Angeles daily herald., 1887-08-16
A $5OO,OOO HOTEL.
The Matter Taken Hold of Hn
Dead Earnest.

The large hall of the Board of Trade
was filed to suffocation yesterday
afternoon in response to the call to
take steps toward the building of the
big hotel in Los Angeles.
Mr.. Charles f. Day was made
Chairman for the occasion, and Mr..
Lawrence, the Secretary of the Board
of Trade, was appointed Secretary.
Addresses upon the topic under dis
cussion were made by Colonel |. X.
Dunkelberger, Colonel II. II. Boyce,
Judge J. |. Reddick, and DIR. M. Ha-
gan. These last named gentlemen
told how the big hotels were built in
st. Paul, Omaha and other cities. DIR.
Hagan said, We just went down in
our pockets and built the hotels y
One OF these cost $3.50, 900.
DR.. IL. Sinsabaugh stated that there
were hotel men now on the spot will
ling to put 5000 cash into such Il
venture. The doctor had broached
the matter to many of our leading
men. He had found the old-timers
very apathetic in the affair, and he
thought if the enterprise was success
full it would have to be by the action
of public spirited new comers.
Col. Boyce said there were men
who would give $4,000 ito the project.
There were others who would give
less.
In response to calls from those pres
ent, +. G.. Howes and Kasper Cohn
said they would lend all the aid they
were possessed of to the undertaking.
Gov. Gosper enthusiastically favored
the hotel. He had been here some
years ago and at that time he was en-
chanted with the most beautiful spot
God had made in the universe. There
was no equal to this country. When he
come here first he was about to borrow
a quilt form a friend to sleep on the
ground, because he could not find
room at any hotel. a young man from
one of the banks had shared his bed
with him. The hotel must be built.
For such an enterprise 100000 will
not be enough. This good green spot
on the Pacific will gather here in no
time million of people in all this
county. There will be electric roads
form this city to every section OF the
valley. There are 5000 people COM
ing here this winter. If we cannot
build a hotel let us put up long row
of lodging-houses for these people.
The Governors remarks were received
with warm applause.
A committee of five, composed of
Judge J. l. Reddick, Col. IL. II.
Boyce, Col. l. r. Dunkelberger, Gov
ernor Gosper and Hervey Lindley was
named to take subscriptions for the
new hotel Lists are to be left at the
banks for those who wish to subscribe
to do so.
The committee organized by elect
ing Judge Reddick Chairman and Col.
Boyce Secretary.
1t was decided to 60 forth in body
this morning at o'clock and proceed
to canvass the city. The hotel is to
cost not less than $400, 900, with $780,
900 for the site. 1t is confidently ex-
pected that when 800 900 is subscribed |
some one will step forward and offer Il
site with at least 100000 worth of
stock besides. Then those who own |
in the vicinity will make up |
the balance of the money. 1t is said |
that the Kerckhoffs have made some |
such proposition in reference to lot
on Main street, and that others have |
a similar proposition in mind for
other sites.
There will be public meeting at |
the Board of Trade halls next Mon
day afternoon at 3 p. NJ. to hear the |
report of the committee.
Of the stock subscribed % per cent. !
is to be paid on call, 25 per cent. in |
sixty days, % per cent. in four months |
and 25 per cent. in six months. The
Kerckhoffs are reported as ready to
give bonds to build the hotel by the
g lst daY of March. 1883.